PIA Ratios Survey Shows Profits Up Slightly
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According to the survey, the average printer’s before-tax profit on sales was 1.8 percent over this past year. This was an increase compared to 1.4 percent percent in the 2011 survey (2010 fiscal year-end numbers); it is still below the 3.0-3.4 percent range experienced from 1995 to 2001.
This is the second increase in profits in the last three years. At this rate, the industry earned approximately $1.5 billion in total profits in 2011, which is above the $1.2 billion profit from the prior year.
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